stop pension

peediedj

been paying £23 per month ona pension since i was 17(iam 40 now)if i was to stop it,would i get all the money back???

EdInvestor

You cannot get any money out of a pension until you are 55 and even then only 25% in cash, the rest must provide and income.

If you only have a very small pension(s) worth less than 16,500, you can get all the money out in cash when you're 60.

dunstonh

£23pm is barely worth the effort though. Not bad 23 years ago but then look what £23 bought you back then. You should have kept it up with inflation.